Water Softener Market - Forecast(2024 - 2030)
Water Softener Market Overview:
According to a study on hard water conducted by the United States Geological Survey, 85% of all states in the U.S. are supplied with hard water. Hard water has a high concentration of minerals and salts that forms the core of water supply in this region. It has a detrimental effect on health and negatively impacts household activities such as cleaning, dishwashing, and laundering. Hard water often forms a white ring composed out of salts around most of the products and the salts in it can even penetrate into sweat composition. Inadvertently, most countries in the world are facing this problem and relying on the water softener market for a feasible solution for this persistent issue. The water softener market has therefore earned a massive amount of revenue in 2018 which has been evaluated at $7.2 billion. Both commercial, and residential places, utilize water in various kinds of activities ranging from menial to large scale tasks, which is why this market has found its application in every nook and corner of the world. During the forecast period 2019–2025, the water softener market has been evaluated to expand at a standard CAGR of 6.80%. Since, North American water bodies are more or less filled with hard water, the water softener market is the strongest in this region with a country-wide share [PN9] of 36% in 2018.
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The water softener market is segmented on the basis of type, into salt-based water softener and salt-free water softener. While salt-free water softeners only focus on assuring that the salts do not adhere to the pipes, salt-based water softeners completely absorb the salts rendering soft and pure water for utilization. The latter application segment is more popular amongst consumers and has been evaluated to rise with a CAGR of 6.60% through to 2025.
Water Softener Market Growth Drivers:
Γ Health Impact of Hard Water
Hard water can have detrimental effects on human health. The salts present in this particular kind of water easily results in the development of kidney stones which is a severe health issue. According to the findings of National Centre for Biotechnology Information, an increased magnesium intake from hard water results in cerebrovascular mortality. Several other conducive health issues resulting from consumption of hard water include cardiovascular diseases, cancer, and others. This has resulted in high demand for water softeners from both commercial as well as residential buildings lest the health of everyone gets affected.
Water Softener Market Companies:
Honeywell International Co., one of the leading companies in the world providing solutions for smart homes and efficient lifestyles have invented a water softener called KaltechSoft. This machine uses process automation and can regulate its water softening on the basis of consumer requirements.
Some of the other key companies include Culligan International Company, General Electric Company, Whirlpool Corporation, Honeywell International, 3M Company, Kent RO Systems Ltd, Unilever, Pentair plc, A.O. Smith Water Technologies, Evoqua Water Technologies LLC, and Ion Exchange (India) Ltd.
Water Softener Market Trends:
Water softeners often utilize sodium for removing minerals and other salts from hard water which can be extremely harmful to not just environment but to people’s health. People who are put on a low sodium diet are often at a disadvantage as excessive sodium gets added to their diets. Owing to technological advancement and scientific research, the water softener market has recently been disrupted by aluminum based water softeners that do not use sodium for conversion into soft water. Using simple chemistry, aluminum is able to remove all the excessive impurities from hard water, thus conserving the environment by lowering sodium usage.
Water Softener Market Research Scope
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Water Softener Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of segments in the water softener market and their specific applications in different areas.
Water Softener Market Report: Industry Coverage
The water softener market can be segmented on the basis of product type, type, and application. Based on product type, the market can be divided into Catalytic softeners, and Electro-magnetic. By type, the market can be fragmented into salt-free and salt-based. And on the basis of application, the market can be divided into residential, industrial, and commercial.
The Water Softener Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
• North America: The U.S., Canada, Mexico
• South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
• Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
• APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
• Middle East and Africa: Israel, South Africa, Saudi Arabia
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